Not that long ago, the rail industry in B.C. looked like it was headed the way of commercial fishing. Trucking was gobbling up market share. Derailments seemed like a weekly occurrence. Canadian National Railway Co. (CN) and Canadian Pacific Railway Ltd. (CP) were digging up sections of unused track, while bureaucracy and stale thinking made the companies sluggish and unwieldy.
I like to drive. There, I said it. I’m one of those people melting ice caps and enriching Middle Eastern despots not because I can’t earn a living without a car and not because the housing market is forcing me to commute from Mission (or wherever it is desperate Vancouverites are buying single-family homes these days).
Single mom Claudia Segovia started her home business selling hand-sewn dolls to help pay for her son’s $800-a-month speech therapy. When the market of family and friends had been tapped, she decided to buy table space at a major yearly craft market. She needed a mere $1,200 – but where does a woman with no credit history go for a business loan?
“Well, duh,” reporters chimed. In the BCBusiness office, the question was posed, “What’s next? BC Hydro being named the official supplier of electricity?” Wouldn’t you know it? Six days later, our electricity utility was announced as an official supporter of...
It was 17 years ago that I moved my business address from Bay Street to Burrard Street. In 1991 I left Richardson Greenshields in Toronto to join Phillips, Hager & North Investment Management Ltd. in Vancouver. I am still asked by my eastern friends and clients what it is like working on the Wet Coast. Is it a good place for an asset manager to be?
A big bomb dropped on the sports pages recently when it was revealed that the Vancouver Canucks hockey team was talking to a consulting company about providing statistical analysis to the team. Jokes aside, old die hard hockey fans rolled in their graves, or on their couches if their sticks are still on the ice, at the news.
At the start of this decade, Canada was a leader in the Internet Age. Maintaining this momentum, in 2001 the National Broadband Task Force issued a challenging report, setting as a national goal the linking of all communities across Canada by 2004 through high-speed broadband of 1.5 million bits of...